The Global Real Estate Investment was successfully held on June 14 at the San Gabriel Hilton with over 870 attendees from the industry, the investor and the prospective owner community.

The market has been down. The news has been interpreted by almost everybody that it is not whether it is time to invest; it is where to invest and how to invest. The attendees were coming to verify their understanding with the experts in the Expo and to get updated information about the market condition. To their satisfaction, the expo speakers delivered more than they expected.

Mr. Bruce Norris’s California Market Report gave then an overview of the current market – foreclosure properties inventory and distribution. That led to the next question: where to invest and how to invest. The crowd came out from the fully packed room with a clear direction for investing and much better idea what to do next. Mr. Rehab presentation by Mr. Pete Youngs came to the audience in no better time. Not every foreclosure property is the same. You have to be able to identify the right property and evaluate the total cost of acquisition and be able to do cost control in any rehab situation. This is an indispensable tool especially in investing in foreclosure properties. Some attendee expressed gratitude for having this arrangement done for them. Many investors are quick in jumping in to do investment. By the time, they cash out in the investment, they find they have to pay a lot of capital gain tax. That is why Mr. John Hyre’s presentation of Book Keeping, Taxes and Asset Protection was so popular among the attendees.

Attendees were also happy to see many different real estate projects on display. Not only it gave them a broad view of the market, there were actually projects that they found worth investing.

On site of the Expo, there were also REO Tours to Las Vegas and San Diego for people to sign up. The Tours were well received with eager participation. While Foreclosure dominated the attention of investors, the Global Real Estate Investors Club (www.GREIclub.com), co-sponsor of the expo, announced the intention to organize a Foreclosure Investment Fund to pool together resources to invest in the Foreclosure market systematically and efficiently while the window of opportunity is open. There has been a lot of interest in this proposition. For those of you who missed the occasion, you may contact the organizer for information by calling 626-512-7324 or e-mail to info@justglobal.net.